Ratio Tsukiji Designer Apartment Building

19-Unit Apartment Building + Land
Tsukiji, Chuo-ku, Tokyo
988,000,000 Yen
(Incl. consumption tax)
 ABOUT

This is a 11-story, 19-unit apartment building located just 2 minute’s walk from Tsukiji Station and a 7 minute walk from Ginza Station. The designer-style building includes 15 x studio apartments and 4 x 1-Bedroom apartments.

The building is currently operating at a 95% occupancy rate with 18 of the 19 apartments rented to tenants. The current gross annual rent is 34,004,289 Yen, resulting in a gross annual yield of approximately 3.44%. If the building was fully rented, the gross annual rent would be 37,292,289 Yen with a potential gross annual yield of 3.77%.

 

The building was built in 2006 and is steel frame. It includes a building completion certificate. The total size of the building is 817.24 sqm and the sale also includes the 126 sqm block of freehold land.

Floor guide:

  • 1F: Entrance lobby, caretaker’s office, bicycle parking, garage parking
  • 2F: 3 x Studio apartments
  • 3F: 3 x Studio apartments
  • 4F: 3 x Studio apartments
  • 5F: 2 x Studio apartments
  • 6F: 2 x Studio apartments
  • 7-8F: 2 x 1-Bedroom apartments
  • 9F: 2 x Studio apartments
  • 10-11F: 2 x 1-Bedroom apartments

 

The land is a corner block with an 8 meter and 6 meter road on the north-west and north-east sides. The land is zoned as a Commercial Zone.

 

 LOCATION
Address: Transport:
  1-10-11 Tsukiji, Chuo-ku, Tokyo
  • Tsukiji Station – 2 min walk
    (Hibiya Line)
  • Higashi Ginza Station – 5 min walk
    (Hibiya, Asakusa Lines)
  • Shintomicho Station – 5 min walk
    (Yurakucho Line)
  • Ginza Station – 7 min walk
    (Ginza, Hibiya, Marunouchi Lines)
  • Tsukiji Shijo Station – 8 min walk
    (Oedo Line)
Area Guide:
  • Chuo Ward Office: 280 meters
  • Kabuki-za: 400 meters
  • Ginza 4 Chome Intersection: 700 meters
  • Tokyo Station Area: 1,700 meters
  • Tsukiji Hongan-ji: 300 meters
  • Tsukiji Fish Market: 700 meters
  • St. Luke’s International University: 500 meters
  • St. Luke’s Hospital: 650 meters
  • Family Mart Convenience Store: 35 meters
 Floorplan

 Details
Type: 19-Unit Apartment Building + Land
Land size: 126.91 sqm (Registered)
126.91 sqm (Measured)
Freehold
Building size (Registered): 817.24 sqm (8,794 sq.ft)
Construction: 11-storey, Steel frame
Built: January 2006
Road: 8.0m wide public road on North-West side;
6.0m wide public road on North-East side.
Road frontage:
Zoning: Commercial Zone
Building footprint ratio:
(kenpeiritsu)
80%
Floor area ratio:
(yosekiritsu)
600%
Status: 18/19 Units RENTED
Annual gross rent (current): 34,004,289 Yen
Annual estimated costs:
Gross yield (current): 3.44%
*Gross rent and yield is based on current occupancy. Gross rent and yield cannot be guaranteed now or in the future.
*Fireproof zone.
*Tsukiji District Plan.
Last updated: March 26, 2017. Next update (scheduled): April 10, 2017.

For more details on this property, please fill in the inquiry form below:






*Japan Property Central, K.K. is a fully licensed real estate agency. We are able to assist buyers with the purchase of this property or similar ones. Our fees to buyers are 3% + 60,000 Yen + consumption tax.

Transaction type: Brokerage.

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
All care has been taken in preparing this floor plan, however the accuracy is not guaranteed and no liability will be accepted for any reliance placed upon it. In the event of any conflict between the floor plan and actual conditions, the latter shall prevail. Dimensions are approximate.